India Air Conditioner Market - Industry Analysis, Size, Share, & Forecast To 2027

India Air Conditioner Market Definition

The air conditioners control the temperature, humidity, odour of the air enclosed space by cooling down the space. It has been researched that the physical properties of the air can be controlled by cooling, heating, humidification and dehumidification. Thus, basically controlling of humidity, temperature and cleanliness is the work done by air conditioners.

The few types of air conditioners in the market are the Central, the Ductless, window, portable, hybrid air conditioners. The central air conditioners are the most common type in the market. these are usually used in larger homes, because of efficient cooling. The system circulates cool air through supply and return ducts. The supply ducts are located out the wall of the houses to supply cool sir inside. The ductless or the mini-split A/C are also common in homes but modified with new parts. They have the same system like the centralised one. Next are the window A/C, it is a compact unit for cooling one particular room. It works by sending back the warm air through the conditioning system and blows back the cool air from the front. The portable A/C system is specified as next-generation window unit cooling system. The system takes warm air from the room and cools it up back into the room.

India Air Conditioner Market Overview

According to the report published by Actual Market Research titled “India Air Conditioner Market Outlook, 2027”, the market is anticipated to grow with the CAGR of more 14% in between 2022 to 2027. India is still hovering at 6 to 7% AC market as compared to other developing countries holding 90% of the market. However, the further demand for ACs in this country is gradually growing demand in subcontinents, because of the rise in the average temperature there. 

By the forecasted period the AC market in India is expected to grow with high CAGR in 1 to 2 tons. In the residential areas the AC segment will have the largest market value. Whereas, in the commercial AC segment have products from ductable to package units. As per research the VRF systems are known to be the largest chiller segment in the Indian market. region wise the northern part in India churns with majority of the volume, whereas the eastern region is considered to be having the lowest market in this region.

Due to the covid-19 pandemic and lockdown in all over India, the markets were closed and had to face loss. Few companies also declined from the market for less sales of their products in the market. The year 2020-21 impacted the market with huge losses. However, the market is now trying to recover from the losses and the ‘Made in India’ project launched by the Government of India is encouraging many leading marketers in increasing its demand in the market.

Key Market Trends

The AC market in India remains steady because of the new innovations in the market. the new technology has brought the new versions of the Inverter ACs. The launch of new technology in this segment by offering premium quality of ACs with affordable prices is enhancing the market. ACs are not only for cooling down the temperature, but also can be used for heating too. Today because of the new technology, manufacturers are introducing new and innovative versions of ACs in the market. this is attracting more consumers to buy these products. After the affect of covid pandemic in market the new technology can bring up the market to profits again.

Key Players

1.Bluestar
2.Voltas
3.LG
4.Hitachi
5.Haier
6.Samsung
7.Panasonic
8.Daikin
9.LLOYD
10.Havells
11.Carrier
12.IFB
13.Onida
14.Godrej
15.Whirlpool
16.Mitsubishi

Considered for the Report:

• Geography: India
• Base Year: 2019-2020 
• Estimated Year: 2020-2021
• Forecasted Year: 2026-2027

Objective of the study:

• To present an Indian outlook on air conditioner industry.
• To analyze and forecast the market size of India Air Conditioner, in terms of value as well as volume.
• To define, classify and forecast India air conditioner market on the basis of segments like residential/ room air conditioner and commercial air conditioner.
• To further define and forecast India Residential/ Room Air Conditioner Market on the basis of product type (split air conditioner, window air conditioner., region and tonnage, star ratings and sales channel.
• To define and forecast India Commercial Air Conditioner Market on the basis of product type like light commercial ACs, ducted & packaged, VRF System and chillers.
• To strategically profile leading players, which are, operating in the air conditioner industry in Indian market.

Scope of the Report:

“India Air Conditioner Market Outlook, 2026” discusses the following aspects of air conditioner market in India:

• India Air Conditioner Market Outlook
• India Air Conditioner Market Size By Value & Forecast
• India Air Conditioner Market Size By Volume & Forecast
• India Air Conditioner Market Segmental Analysis: By Segment
• India Residential/ Room Air Conditioner Market Size By Value & Forecast
• India Spilt Air Conditioner Market Size By Value & Forecast
• India Window Air Conditioner Market Size By Value & Forecast
• India Residential/ Room Air Conditioner Market Size By Volume & Forecast
• India Residential/ Room Air Conditioner Market Segmental Analysis: By Company, By Region, By Product Type, By Tonnage, By Tier, By City, By Star ratings, By Sales channel
• India Commercial Air Conditioner Market Size By Value & Forecast
• India Light Commercial Air Conditioner Market Size By Value & Forecast
• India Ducted & Packaged Air Conditioner Market Size By Value & Forecast
• India VRF Air Conditioner Market Size By Value & Forecast
• India Chillers Market Size By Value & Forecast
• India Commercial Air Conditioner Market Size By Volume & Forecast
• India Commercial Air Conditioner Market Segmental Analysis: By Product Type
• Key vendors in this market space

Intended Audience:

This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to air conditioning industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.